LG pulls out of tablet bussiness

While everyone, including Microsoft with its new Surface, seems to be trying to score a piece of the tablet market, LG has announced that it pulling out of it in order to focus on smartphones.

Although its pricey Optimus Pad lineup has not been a huge success and, like most tablets on the market, had to compete with Apple's iPad, it is quite a surprise that LG will be exiting such a lucrative market. Now that Microsoft is about to join in, it will be even harder to make any impact on the market.

In an email response to Bloomberg querry, LG's spokeperson noted that LG does not see Surface as a competition to anything that LG is currently focusing on.

Hopefully, this will mean that LG will be able to provide with much better smartphones and improve on its product updating habits.